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Write off all the debt you can’t afford |
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Prevent or stop legal action - including bankruptcy |
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Government legislation that helps you clear debts |
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One lower affordable monthly payment |
Freeman Jones are fully licensed Insolvency Practitioners. We offer Individual Voluntary Arrangements (IVAs) which act as a legally binding agreement between you and your creditors. An IVA could be your best solution if you have a substantial amount of unsecured debt (usually over £15,000).
 Benefits of an IVA are:
- The unpaid balance of your debts is written off
- One affordable monthly payment - usually for five years
- Protects you from further action by your creditors
- Creditors are legally bound by the terms of the agreement
- Real alternative to declaring yourself Bankrupt
We can help people from all walks of life: anyone can
fall into debt. Losing a job or a business, divorce, illness, starting a family or simply over commitment can all make
debts get out of control.
To read the frequently asked questions about IVA's please click here.
To find out if an IVA is the right solution for you, contact our helpful team of experts today.
Call free on: 0800 074 4110
Subject to eligibility and acceptance. Debt write off applies only on completion of an IVA, alternative solutions may be offered. Initial advice is free, fees payable for continuing services. Your ability to obtain credit will be affected for 6 years. Homeowners may be required to release the equity in their property. Calls may be recorded.
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